53. Deputy Michelle Mulherin asked the Minister for Finance in view of the recent publicity the sale of loans by National Asset Management Agency attracted involving significant sums of money and in some cases multiple bidders, the procedures that are in place even before bidding commences to ensure maximum openness and transparency and competition within the process from the outset; if he will confirm that such bids are required to be handled by one of the professional loan brokers from the panel who have proven experience in this field and at this level to get the best financial result out of such sales; and if he will make a statement on the matter. [42795/13]

Summary

53. Deputy Michelle Mulherin asked the Minister for Finance in view of the recent publicity the sale of loans by National Asset Management Agency attracted involving significant sums of money and in some cases multiple bidders, the procedures that are in place even before bidding commences to ensure maximum openness and transparency and competition within the process from the outset; if he will confirm that such bids are required to be handled by one of the professional loan brokers from the panel who have proven experience in this field and at this level to get the best financial result out of such sales; and if he will make a statement on the matter. [42795/13]

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• NAMA Transactions

  xml · EN · 10 October 2013

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